Yellow Pages Income Fund (TSX:YLO.UN) announced today that its monthly cash distribution of $0.09750 per Fund unit will be paid onJanuary 15, 2009 to unitholders of record at the close of business on December 31, 2008.
Kraft Foods Inc. (NYSE:KFT) announced today that Michael A. Clarke has been named President, Kraft Europe, effective in January 2009. Clarke, 44, joins Kraft from The Coca-Cola Company, where he served most recently as President of its Northwest Europe and Nordics business unit.
Smurfit-Stone Container Corporation (NASDAQ:SSCC) announced the election of Steven J. Klinger to its board of directors, effective December 11.
Hopes to ‘Sell Out’ Inventory to Help Advertisers Move Products and Grow Tribune’s Operating Cash Flow; Takes Job At Local Starbucks As First Step
Huhtamaki books restructuring and impairment charges of EUR 159 million in the fourth quarter 2008 and updates full year 2008 Group EBIT outlook to approximately EUR 90 million, before impact of any restructuring and impairment charges. Reasons for updated 2008 earnings outlook are soft market conditions as well as need to mark-to-market inventory values downwards as a result of sharply reduced raw material prices.
Xerox Corporation (NYSE: XRX) has been positioned by Gartner, Inc., in the Leaders Quadrant in the “Magic Quadrant for MFPs and Printers1” report.
Crown Holdings, Inc. (NYSE:CCK) announced that Thomas A. Kelly, 49, has been promoted to Senior Vice President and Corporate Controller and will report to Timothy J. Donahue, Executive Vice President and Chief Financial Officer. In addition to his current responsibilities for the Company’s internal and external financial reporting, budgeting and forecasting, Mr. Kelly will be responsible for the Company’s tax department.
